Orange & Gold Blog

HMRC begin issuing Business Records Checks early!

Despite HMRC announcing that they would report on the outcome of the Business Records Check consultation on 31 March, the first letters have been issued by HMRC, trying to arrange a meeting to carry out a Business Records Check (BRC).

The consultation stated that the BRC programme would start in Autumn of this year with 50,000 Checks per year being carried out. However, we have seen two letters dated 21 March 2011 which clearly relate to the BRC programme.

Sources at one HMRC office have advised that there are 4-5 offices issuing the letters, including Blackburn and Plymouth, and that taxpayers from specific geographical locations are being targeted. Areas mentioned initially include Sheffield, Oxford, Swindon, Stockport and Scotland. Based on the information we have received, we estimate that at least 1,500 letters could have been issued.

Orange & Gold

We are a team of accountants and client service professionals who provide genuinely personal service to help freelance consultants in the UK manage their income and taxes. Our clients are mainly limited company contractors, but we also have an umbrella payroll service and a management consultancy for more unusual scenarios.